Asia-Pacific stock markets began Thursday's session with a mixed performance, as investors navigated a complex landscape of new US tariff announcements from President Donald Trump and a key interest rate decision from the Bank of Korea.

But Trump’s tariffs limited gains, especially after he slapped a 50% tariff on Brazil and also made good on his threat of a 50% levy on copper imports. S&P 500 Futures fell 0.2% in Asian trade, following Trump’s latest tariff volley.

The U.S. dollar traded close to a 2-1/2-week high versus major peers on Wednesday while copper hit an all-time peak overnight after U.S. President Donald Trump broadened his global trade war by saying he would impose a 50% tariff on the metal.

Sensex Today | Stock Market LIVE Updates: Wall Street indexes closed higher on Wednesday, led by the tech-heavy Nasdaq as Nvidia briefly reached a $4 trillion valuation, and Federal Reserve meeting minutes fueled hopes that inflation pressures from President Donald Trump's tariffs would not derail interest rate cuts this year.

Equities in Australia and South Korea gained and those in Japan dipped.Japanese government bonds were steady ahead of an auction of 20-year JGBs Thursday. The dollar edged lower in early Asian trading.

While U.S. and European companies have reduced their average dividend payouts over the past decade, Asian corporates have maintained consistent payout ratios, reflecting the region’s improving balance sheets,

Asian stock markets mostly advanced around midday Tuesday, after President Trump unveiled a three-week extension to negotiate trade agreements, spurring mild hopes for deals following punishing U.S. tariffs.

Stock Market LIVE on Thursday, July 10, 2025: Benchmark indices Sensex and Nifty are likely to be guided today by a mix of key factors, including US President Donald Trump’s tariff plans, the latest FOMC meeting minutes, TCS Q1 earnings, institutional investment trends, primary market activity, along with mixed global cues.

Most major banks in Asia-Pacific increased their market capitalization in Q2 as falling interest rates attracted investors to bank stocks in anticipation of increased economic activity.

Asian shares are mostly higher after stocks fell on Wall Street as the Trump administration stepped up pressure on trading partners to make deals before punishing tariffs imposed by the U.S. take effect.